Bank Guarantee Operations
Looking to raise capital from private investors offering CDís, then issuing bank guarantees to secure property for development.
overseas Bank with correspondent account at National Commercial Bank of overseas and UBS.
The client was able to accomplish his needs through ownership of a captive bank in overseas. The ability to raise capital from private investors offering CDís was successfully met while increasing the anonymity of their investments. Additionally, correspondent banking relationships were created and afforded the owner the ability to control the movement of funds quicker and more efficiently to capitalize on new business opportunities.